How to find the right investors for your startup
Most first-time founders email too many investors and research too few. A tight list of 40 well-matched investors will out-raise a blast to 400 names every time, because matched investors reply, take the meeting, and move faster.
Start with fit, not fame
The brand-name fund at the top of every list is also the one drowning in inbound. Fit matters more than fame: an investor who backs your stage, your sector, and your cheque size is far more likely to engage than a famous fund who does none of the three.
The filters that actually matter
Score every potential investor on four things:
- Stage. Do they lead or follow at pre-seed, seed, or Series A? A Series B fund will not write your first cheque.
- Sector. Have they backed companies adjacent to yours? Adjacent is good; a direct competitor is a conflict.
- Cheque size. Does their typical first cheque match the round you are raising?
- Geography. Some funds only invest where they can sit on a board within a short flight.
If an investor misses two or more filters, cut them. You are not being picky; you are saving both sides a wasted call.
Build the list before you reach out
Do the research in one focused block, not one investor at a time between other tasks. Pull names from portfolio pages, recent deal announcements, and curated lists, then sort by fit.
Mintround exists for exactly this step: browse verified investor contacts and ready-made investor lists by stage and sector, and unlock only the ones that clear your filters. Spend your outreach energy on the 40 that fit, and ignore the rest.